If insurers are failing on ESG, as a recent report suggests, it’s partly because the challenges they face are more complex than for most. That was at the heart of a panel discussion organised by Intelligent Insurer.
The move from CSR to ESG is more than just branding and heralds serious challenges for insurers, as a panel of experts from companies including Allianz, SiriusPoint, AM Best and PwC discussed.
A clearly defined purpose that staff and clients can rally behind is a huge asset for today’s re/insurers, as Yasir Andrabi, insurance strategy and solutions leader at global professional services firm Genpact, told Intelligent Insurer.
Data can help meet the industry’s needs and customers’ demands, says Brona Magee of SCOR Global Life.
Wholesale distributor Amwins’ purchase of Worldwide Facilities brings its total to 52 acquisitions.
Against all odds, global dealmakers are looking ahead despite significant geographic changes, a Re/insurance Lounge discussion with Clyde & Co agreed.
Hong Kong-based reinsurer Peak Re goes from strength to strength, following the successful renewal of its Lion Rock Re reinsurance sidecar in February 2021. But, as chief Franz Josef Hahn explains, it wasn’t all plain sailing.
The issue of who pays for COVID-related claims will come down to a negotiation as opposed to a legal battle—but the outcome will still be important for reinsurers, according to Carlos Wong-Fupuy, senior director, AM Best.
RMS is one of a number of companies which have launched models or frameworks to help re/insurers better understand and manage the impact of climate change. Joss Matthewman, senior director, product management, RMS, explains what is unique about the models his firm has developed.
Once the COVID-19 crisis has passed, the insurers that adapt and evolve will be the ones who flourish. Sameer Dewan of Genpact gives his view of the future to Intelligent Insurer.